ThredUp, Inc. (NASDAQ:TDUP) Q1 2022 Earnings Conference Call May 9, 2022 4:30 PM ET
Company Participants
James Reinhart - Co-Founder, CEO & Director
Sean Sobers - CFO
Conference Call Participants
Ike Boruchow - Wells Fargo Securities
Dylan Carden - William Blair & Company
Anna Andreeva - Needham & Company
Tom Nikic - Wedbush Securities
Seth Sigman - Guggenheim Securities
Alexandra Steiger - Goldman Sachs Group
Ross Sandler - Barclays Bank
Lauren Schenk - Morgan Stanley
Brian McNamara - Berenberg
Dana Telsey - Telsey Advisory Group
Operator
Good afternoon, and thank you for joining us on today's conference call to discuss ThredUp First Quarter 2022 Financial Results. With us are James Reinhart, CEO and Co-Founder; and Sean Sobers, CFO. We posted our press release and supplemental financial information on our Investor Relations website at ir.thredup.com. This call is also being webcast on our IR website, and a replay of this call will be available on the site shortly.
Before we begin, I'd like to remind you that we will make forward-looking statements during the course of this call, including, but not limited to, statements regarding our guidance and future financial performance, market demand, growth prospects, business strategies and plans.
These forward-looking statements involve known and unknown risks and uncertainties, and our actual results could differ materially. Words such as anticipate, believe, estimate, and expect as well as similar expressions are intended to identify forward-looking statements. You can find more information about these risks, uncertainties and other factors that could affect our operating results in our SEC filings, earnings press release and supplemental information posted on our IR website.
In addition, during the call, we will present certain non-GAAP financial measures. These non-GAAP financial measures should be considered in addition to, not as a substitute for or in isolation from GAAP measures. You can find additional disclosures regarding these known GAAP measures, including reconciliations of comparable GAAP measures in our earnings release.
Now I'd like to turn the call over to James Reinhart.
James Reinhart
Good afternoon, everyone. I'm James Reinhart, CEO and Co-Founder of ThredUp. Thank you for joining us for ThredUp's First Quarter 2022 Earnings Call.
We're excited to share financial results and key business highlights from our first quarter. In addition to our financial results, we will discuss progress in Europe following last year's acquisition of Resale leader Remix and updates on our Resale-As-A-Service RaaS offering. I'll also share a reminder of our strategy and the investments we're making to strengthen our position in the growing retail market as well as how we were thinking about the consumer in the balance of the year.